Wealthedge Investment Advisors LLC Has $4.19 Million Stock Position in iShares MSCI Emerging Markets ETF $EEM

Wealthedge Investment Advisors LLC raised its holdings in shares of iShares MSCI Emerging Markets ETF (NYSEARCA:EEM) by 214.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 78,492 shares of the exchange traded fund’s stock after acquiring an additional 53,551 shares during the quarter. iShares MSCI Emerging Markets ETF makes up approximately 1.6% of Wealthedge Investment Advisors LLC’s holdings, making the stock its 19th biggest position. Wealthedge Investment Advisors LLC’s holdings in iShares MSCI Emerging Markets ETF were worth $4,191,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its position in iShares MSCI Emerging Markets ETF by 1.7% during the 4th quarter. Brighton Jones LLC now owns 118,587 shares of the exchange traded fund’s stock worth $4,959,000 after buying an additional 1,940 shares in the last quarter. AQR Capital Management LLC raised its holdings in iShares MSCI Emerging Markets ETF by 13.3% during the first quarter. AQR Capital Management LLC now owns 80,248 shares of the exchange traded fund’s stock worth $3,507,000 after acquiring an additional 9,437 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new position in iShares MSCI Emerging Markets ETF during the second quarter valued at approximately $2,610,000. Flagship Harbor Advisors LLC boosted its position in iShares MSCI Emerging Markets ETF by 7.4% during the second quarter. Flagship Harbor Advisors LLC now owns 20,365 shares of the exchange traded fund’s stock valued at $982,000 after purchasing an additional 1,400 shares during the last quarter. Finally, Arkadios Wealth Advisors grew its stake in iShares MSCI Emerging Markets ETF by 145.2% in the second quarter. Arkadios Wealth Advisors now owns 23,727 shares of the exchange traded fund’s stock valued at $1,145,000 after purchasing an additional 14,052 shares in the last quarter. Institutional investors own 81.39% of the company’s stock.

iShares MSCI Emerging Markets ETF Stock Down 0.2%

Shares of iShares MSCI Emerging Markets ETF stock opened at $62.58 on Friday. The stock has a market cap of $28.53 billion, a P/E ratio of 14.46 and a beta of 0.64. iShares MSCI Emerging Markets ETF has a 12-month low of $38.19 and a 12-month high of $65.96. The business’s 50 day moving average is $58.65 and its 200-day moving average is $55.08.

About iShares MSCI Emerging Markets ETF

iShares MSCI Emerging Markets ETF, formerly iShares MSCI Emerging Markets Index Fund (the Fund), seeks investment results that correspond generally to the price and yield performance of publicly traded equity securities in global emerging markets, as measured by the MSCI Emerging Markets Index (the Index). The Index is designed to measure equity market performance in the global emerging markets. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.